United States Imports

Imports to the United States fell by $21.5 billion, or 6.5%, to $313.4 billion in November of 2022, the lowest since December 2021. Imports of goods decreased $20.7 billion to $254.9 billion, in particular pharmaceutical preparations (down $2.9 billion) and cell phones and other household goods (down $2.7 billion). In addition, imports fell for industrial supplies and materials (down $3.7 billion); automotive vehicles, parts, and engines (down $3.3 billion) and capital goods (down $3.0 billion). Imports of services decreased $0.8 billion to $58.5 billion, led by transport and travel.